Subscription of F-Secure shares with F-Secure 1998 and 1999 warrants and conversion of F-Secure Corporation's 1999 capital loan.
Espoo, Finland - September 26, 2000
A total of 124,410 F-Secure shares were subscribed for with the A warrants attached to the F-Secure 1998 Warrant Plan. A total of 165,000 F-Secure shares were subscribed for with the B warrants attached to the F-Secure 1999I Warrant Plan. The issue of the 1998 and 1999I Warrant Plan was approved by the Annual General Meeting of April 30, 1998 and August 10, 1999, respectively.
A total of 336,560 F-Secure shares have been converted with the F-Secure Corporation's convertible capital loan issued in 1999. After the conversion the Company has no convertible capital loan.
In aggregate the number of shares was increased by 625,970. The corresponding increase in the share capital, in total EUR 6,259.70 was registered in the Finnish Trade Register on September 25, 2000. As a result of the increase, the share capital of F-Secure currently is EUR 1,399,873.59 and the total number of shares is 139,987,359. F-Secure received as additional shareholders' equity a total of EUR 103,753.
The holders of the new shares are entitled to all shareholders' rights from the registration date. The Company has submitted an application for the new shares to be listed on the Helsinki Exchanges together with the other Company shares. The trading with the new shares will commence on September 27, 2000.
The subscription period for the B warrants of the F-Secure 1999I Warrant Plan began in August 1999 and for the A warrants of the F-Secure 1998 Warrant Plan began on 1 April 2000.
F-Secure Corporation
Risto Siilasmaa
President & CEO